August 2004              return to newsletter contents page

AVDA Distributors Outlook Survey Upbeat for Second Quarter of 2004

AVDA’s Distributor Members were recently surveyed for the second quarter ending June 30, 2004 on their outlook for the veterinary distribution industry.

In response to a question regarding whether profit margins were rising, staying the same or falling in the first quarter of 2004, all of the respondents stated profit margins were rising or staying the same. One hundred percent of respondents predicted normal or above normal growth as the planning scenario for their company’s business plan over the next twelve months.

Sixty-seven percent of respondents stated that the unit volume of demand for their company's products

has been rising and 33% stated the unit volume of demand had been staying about the same.

On the Employment front, compared with the same quarter last year, 60% of distributors stated that their company’s employment had been rising. Forty percent said that their employment was staying about the same. Wages and salaries over the past three months were rising for 50% of the distributor respondents and 50% stated that they had remained the same.

This survey was conducted electronically. Future surveys will be conducted in the same fashion and will include additional questions of interest to our members. Please contact Jackie King at AVDA Headquarters at Jackie@ksgroup.org if you have other suggestions for the survey. Your thoughts and comments are appreciated.